$400,000
3
Beds
1
Bath
1,478
Living Area
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Property Description
Amazing opportunity for those looking to expand their investment portfolio. Sellers would prefer to sell 288 & 292 Essex St together. 292 Essex St is a 3 bedroom,1bath ranch with a newer Navien heating and hot water system . A portion of the backyard was reallocated to 288 Essex St to expand the auto repair lot. 288 Essex is a mixed use property consisting of a 3 bay repair garage and yard as well as a 3 bedroom residential rental on the second floor. Current shop tenants hold a used car license for 15 cars. Property conveys with 1 lift, a waste oil heating system and sprinkler system, 1/2 bath and mezzanine office. All units are currently rented below market and are zoned as light industrial. See MLS: 73185795 for more info.
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Highlights
- Cooling: Window Unit(s)
- Parking Spots: 4
- Property Type: Single Family Residence
- Total Rooms: 5
- Status: Closed
- Heating: Baseboard, Natural Gas
- Property Class: Residential
- Style: Ranch
- Year Built: 1950
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Additional Details
- Appliances: Gas Water Heater, Range
- Construction: Frame
- Exterior Features: Porch, Patio, Storage, Fenced Yard
- Foundation: Concrete Perimeter
- Roof: Asphalt/Composition Shingles
- Year Built Source: Public Records
- Basement: Full, Walk-Out Access, Sump Pump
- Exclusions: Tenants Personal Property
- Flooring: Vinyl, Carpet
- Road Frontage Type: Public
- Year Built Details: Actual
- Zoning: Li
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Amenities
- Community Features: Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Public School, T-Station
- Parking Features: Paved Drive, Off Street
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Utilities
- Electric: 100 Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $457,800
- Compensation Based On: Net Sale Price
- Tax Year: 2023
- Buyer Agent Compensation: 2%
- Facilitator Compensation: 1%
- Taxes: $6,212
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Listing information provided courtesy of Invest Realty Group.
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